Tag: steel industry price adjustment

Japan’s leading manufacturer Nippon Stainless Steel Corporation (NSSC) has raised stainless steel CRC prices by JPY 5,000/t ($33/t) for Dec’24. This marks the first price hike for nickel-based products since Jun’24. The increase also reflects higher raw material costs due to the depreciation of the JPY against the US dollar. Prices of chromium-based products remained…